indie Semiconductor Inc expected to post a loss of 9 cents a share - Earnings Preview

indie Semiconductor

07/08/2024 24:54

* indie Semiconductor Inc  INDI.OQ   INDI.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 8
for the period ending June 30 2024
    * The Aliso Viejo California-based  company is expected to
report
a 3.2% increase in revenue to $53.75 million from $52.11 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for indie Semiconductor Inc
is for
a loss of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for indie
Semiconductor Inc is $10.00​, above​ its last closing price
of $4.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.08       -0.08      -0.11     Missed  -34.9
 Dec. 31 2024  -0.01       -0.01      -0.01     Met     -9.4
 Jan. 1 0001   -0.08       -0.08      -0.08     Met     0​
 Jun. 30 2023  -0.09       -0.09      -0.10     Missed  -11.1
 ​​Mar.        -0.11       -0.11      -0.10     Beat    9
 31 2023                                                
 Dec. 31 2022  -0.09       -0.09      -0.11     Missed  -21.3​
 Jan. 1 0001   -0.11       -0.11      -0.10     Beat    8.3
 Jun. 30 2022  -0.12       -0.12      -0.11     Beat    12
 This summary was machine generated August 6 at 23:54 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)